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Search Results 0 to 28 of about 29 (some duplicates have been removed)
house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zo
are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, we had pretty darn good news on personal income and spending and durable goods today. the economy is hanging in there, as well. connell: i thought it would be interesting to watch the close, because to me, maybe a deal is more likely after last night because the speaker, if anything, lost his leverage. how do you view that part of it? >> in the end, there is really an infinite number of outcomes. we believeethere is really just about 25% chance that we just go over the cliff unimpeded. the sequestration happens and all of the tax hikes. some kind of deal will probably get done. if the house were to pass that bill, it could go into law. it would keep dividend and tax rates from going higher. they just cannot reach a de
the fiscal cliff. not just yet. they have not come to a solution in washington. that is front and center. we are also seeing a flock to the area that are safe. the dollar is higher. gold is higher. we are also -- there is a look at the dow jones one week. last friday we close that 13,135. we are still actually of about 30 points for the week. that is if we were to close right here. for right now, certainly, read on the screen because there is so much concern about washington. melissa: thank you so much. many believe the speaker in the senate, but it did notie -@even make it through the house last night. i next asked is not confident it will happen within the next year. >> we will see what the president says. after what has happened this week, it is not clear what the way forward is. it is more likely than not that we will grow into january without a deal. melissa: what does that really mean for the economy? >> it is to businesses to decide when they change their holdings. there is some spending programs that will be extended. they are uncertain about the outlook. there are a variety of ways
hawaiian holiday. he'll come back to washington tomorrow night. nbc's danielle leigh is live. >> reporter: richard, good morning. there. is still a hope that a deal can get done, but confidence in that bargain with real reform has all but disappeared. americans are already taking a good hard look at their wallets, as confidence the country will avoid the fiscal cliff diminishes. >> i don't think there's going to be a grand bargain before the end of the year. there is hope a deal will be cut. >> reporter: if congress doesn't extend expiring tax cuts in just days, middle income owners will owe uncle sam about $2,000 extra a year. retailers will cut back in automotive, apparel and entertainment. >> once people begin to pull back on that, the effect will be dramatic. >> reporter: the national retailers association said retailer its support 1 in 4 american jobs and if the downward turn intensifies. for those, the wait is excruciating. president obama visited troops in hawaii over christmas after a frustrating week on capitol hill. he and speaker john boehner about $100 billion. >> the presiden
of oil. we'll drill down on the answers. >>> plus, more talk and no walk in washington. shocker there. both side insist we need to stop spending. not that they're cutting a single penny from a single government program. fox news's bret baier with the real cost of spending. >>> we all love a good hamburger, right? but is that pesky wrapper keep getting in your way? one fast-food chain may have solved the problem for good. they're making the wrapper edible. you have to see this one to believe it, trust me. even when they say it's not it is always about money. melissa: first, let's take a look at the day's market headlines. fiscal cliff talks may be a mess but not ruining the party for investors. u.s. third quarter gdp was revised up to 3.1%. not bad. november existing home seams -- sales hit nice not seen. wall street shares of the nyse euronext skyrocketed 34%. the company is being acquired by rival intercontinental exchange for $3.2 billion in cash and stock. >>> research in motion may be crawling its way out of the abyss. the blackberry maker left for dead earlier this year. now shar
washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people.
, as tragic as it is, brings us a little closer together both in the nation and in washington, that would be a good thing. >> all right. top of the hour. good morning. 6:00 on the east coast, it's wednesday, december 19th. christmas is almost here. >> very respectful dialogue. the nra had a respectful statement. i think a lot of people showing respect on this. >> feel something may be be happening. >> feel some grown-ups, maybe. there are, of course, exceptions. >> there are a few. we have mike barnicle with us. you're not an exception. beautiful piece in "the daily news" today. we'll read that in must read. thank you very much. former treasury officials. mark ratner is with us as well. he has a must read. i'm serious. >> beautiful. >> also in washington, washington anchor for "bbc world news america" katty kay. >> no pieces, sorry. >> you'll write one next time. thank you. so we've got a lot to get to this morning. >> a lot to talk about today. >> those exceptions, what are you talking about? >> just in the conversation about everything you thought there were two exceptions. >> rick perr
't but i suspect we'll have some last minute, slap dash, terrible washington style deal that won't do anything. this fiscal cliff doesn't solve our long-term debt propses. lou: breaking with the practice and policies of washington over the course of the past 50 years. stephen hayes, thank you very much. judith miller, thank you very much. john fund, thank you. time for a few quick comments. ken wrote us to say, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. has t. >> wall street is very concerned. no doubt the average folks at home who have been cutting back more inclined to hang onto their wallets. they don't know what will happen. thank you congress. thank you mr. president. >> it is charities' season. makes us feel good to give. that is why there is a concert for storm victims. a bit greedy businesses ted tu
performed at a christmas event at a washington charity that aired on tnt. watch this. >> ♪ ♪ >> all right. look who had a front row seat, none other than president obama and his family, but not only did our commander in chief sit through this anti-american's performance he was caught on camera shaking his hand. did no one, no one in the organization of the event, or our own president think ma maybe, just maybe, this was inappropriate. now the importance of this should not be understated or dismissed. well, why? let's imagine that the rapper called for the killing of a race of people. white, black, hispanic, asian. do you think for one minute that the president would allow himself to stand or be in the company of such a person, allow them to perform before him? on the other hand, what if the rapper talked about killing people of a particular religion? jews, hindus, christians, muslims? would the president be so forgiving. in this case psy is calling for the torturing and killing of americans, more specifically american soldiers and their family members. now the commander in chief is not go
washington. >> when congress passes a law, it's basically just a frame work; then federal agencies delegated the authority to write regulations and rules that spell out just how the law will be enforced. before they become time, there's a comment period when the public, employers, companies, anyone impacted can weigh in. back in 1993, president clinton signed an executive order saying agencies should allow a 60 day comment period, but that's not happying with -- happening with four regulations tied to the health care law. one just has 24 days, and final comments due during the holidays. americans for limited government wrote to the department of health and human services asking for an explanation requesting that the comment period be extended. one of the regulations is more than 400 pages long, and regulatory experts say it's nearly impossible for a company to review something of that volume and prepare a formal comment in time. >> because of that, a lot of agencies work in secret. you know, the only people that know about them are large stake holders in industry that have full-time counsel
time to avert the fiscal cliff before the new year. president obama will head back to washington tonight. danielle leigh is on capitol hill. good morning. does a deal still look doable? >> good morning. there is hope for a deal but confidence in that grand bargain reform has all but disappeared. americans are already taking a good hard look at their wallets as confidence the avoidance of the fiscal cliff diminishes. >> there is hope a deal will be cut. >> reporter: if congress doesn't oaks spire tax cuts in day, middle income earners will owe $2,000 extra a year. consumers are predicted to cut back in automotive, apparel and entertainment. >> once people decide to cut back on that, the effect is dramatic. >> reporter: the national retail federation says retailers support 1 in 4 american jobs and if the downward trend intensify, those jobs would be at risk. >> if retailers stop creating job, the economy as a whole will stop creating jobs. >> reporter: the wait is e excruciating. president obama visited hawaii after talks on capitol hill. they were $200 billion apart on a deal. >>
of the year. >> steve: not since mr. smith went to washington has the movie inspired the senate. harry reid rled it out. it is the end of the year. >> brian: it was incredible to watch the president have a 45 minute press conference and john boehner have a 45 second. >> steve: sometimes less is more . >> brian: they are not getting along. >> gretchen: one good message from the lincoln movie other than not getting assassinated. he set out what to do >> brian: he won over leaps and bounds in order to get a deal >> chris: he did. >> gretchen: that's what they are doing now. or trying tompt approaching the fiscal cliff. the democratic senate took the night off to watch the movie. doug is in washington with us. were you invited. >> of course not. you have to figure out the pop corn was free . the movie was free . we know that they love free stuff here in washington. free movie tickets may have been tough for the guys to resist. it is possible that watching the lincoln movie, may have inspired the members of congress. at the very least. we know that a minimum of 150 minutes last night. two and ha
>> steve: you have a schism in the republican party. they went to washington. look they are not going to raise on anybody and we'll cut thengs . you have the other faction . republican party saying look, we didn't do so well in the last election . we have to compromise with the president to get something done . that's why john boehner said i don't have a votes mr. #2: if you give me plan b i am vetoing in. republicans were saying we are giving you something and go home. they decided plan b will not pass . they are not coming back until after christmas. mr. boehner said i tried. you cut a trial. newt kning rich sat down with bill clenton and 30 days of one and one negotiation . he said it is time to go back to that. >> my advice to them have every single committee starting january 3rd hold hearings on every lempt waste in the federal government . let the country see all of the different ways to waste money to peck up on can congressman cantor. speaking is the problem and drive issue after issue . we would like to fix the tax rates, and any time the president and democrats want to talk
a real cliffhanger. members of the house are now leaving washington, now that a republican plan offered by house speaker john boehner, called plan b, was put aside. it simply did not have enough support to pass. boehner's plan would have raised taxes on those earning more than $1 million a year. after pulling the bill, boehner said it's now up to president obama and the senate to find a way to avoid the cliff. so there's no way to get a plan through the house based on republican support. that is the political lesson from this. but the day before, they said this is going to pass and then yanked it because the support in that chamber was not there. so i don't know quite where it goes from here. no one does. and now it's time for christmas break. so they get back and have less than a week to get something done before january. >> and the president isn't going to hawaii now, right? >> the last i heard, it was still up in the air. you can't imagine he would have a vacation now. or any of them shouldn't have a vacation now. but we don't know. so cliff hanger is the right word for sure. >>> now
in washington, including secretary of defense leon panetta and president barack obama who in a statement said he gave his life for his fellow americans and he and his teammates remind us once more of the selfless service that allows our nation to stay strong, safe and free. the american navy s.e.a.l. sacrifice has not been lost on dr. joseph's family who, in a statement released their condolences. >> atia abawi in kabul, thank you. >>> the deejays who have made that prank call to the hospital where the duchess of cambridge had been staying have just learned that their show has been canceled after they made a public statement last night. >> reporter: since that interview, we learned that their show will be canceled and prank calls, like the one they made to this hospital, are being suspended by the radio station they work for. worldwide, the storm grows over kate middleton's nurse found dead last week. >> if we played any involvement in -- in her death, then we're very sorry for that. >> reporter: in tears today the australian deejays who made a prank call to kate's hospital, they have been subje
," jim avila, abc news, washington. >> thanks to jim. >>> we're going to turn to the search for an arizona college freshman missing almost a week. he was last seen partying late friday night with members of a fraternity he wants to join. and the missing teen's mom says he was worried about rough hazing during pledge week. abc's linsey davis has the latest. >> reporter: overnight, distraught family and friends came together for a vigil for arizona state university freshman jack culolias, who has been missing since friday night. willing to do anything to find her 19-year-old son, who was last seen at this arizona bar. he was allegedly kicked out after being very intoxicated. he left his cell phone and credit cards behind. >> he normally never would do anything like this. >> reporter: he had been at a social event friday night for a fraternity as a new pledge. the pledging process is something his mother says he was concerned about. >> there was rumor that they were going to put them in a garage, 30 of them, and make them live in this garage. >> reporter: in a statement to abc
this every time in washington. it gets to people after a while. regular people who just hear about it. even if it does not affect them that much. they just start to think, the government cannot do anything right. say they do. say they cut a deal. they come up with some sort of fiscal cliff solution, if you can call it that. what does the economy look like dead? >> i think that regardless of a solution, i think the economy will pick up. it is like a speed trap. you will slow down to some ridiculous slow speed when you go through that town. once you know what the rules of the roads are, you will come back through a little bit faster. connell: what are the things that we are doing right? >> well, the one area that is really picking up is homebuilding. homebuilding will do better. it will do better next year in a matter what happens in the economy. the inventory of new homes is that in inventory low. even if sales pulled even, construction will pick up. i am trying to balance that optimism with the reality when you look at past recessions, recessions are typically caused by policy mistakes. the
in washington. a rough friday before christmas. is the fiscal cliff already here? >>> church bells will ring 26 times for the victims in sandsy hook. one week after the terrible tragedy. >>> friday, december 21st. "starting point" begins right now. >>> good morning, a major political blow for house speaker john boehner, one that will affect his position. house republicans abandons him, and it forced the speaker to cancel a vote on plan "b" which would have extended bush tax cuts on incomes below $1 million. congressional correspondent dana bash there was and watched it unfold. walk us through what happened? >> it really was stunning. that is the perfect word, soledad. i was watching all day, talking to republicans to try and figure out if the speaker had the votes. really hard to imagine he was so far out. so far out on this being a strategy. republicans want to prove that they won't let things go up. i was watching earlier votes. watching the speaker's team on the floor, trying to twist arms and trying to get republican votes, and clear from the expressions on their faces it was not going well
this young woman in seeking, finding, killing osama bin laden. in this new report from "the washington post," this mystery cia operative has a very complicated life, even more so after the bin laden raid. joining me from washington is greg miller, the intelligence reporter with the post, with "the washington post." welcome. >> thanks. >> what an article. i read it and from what i can tell, and also listen to an interview with catherine bigelow. this cia operative found the link to the courier to drive this forward to find osama bin laden. who is she? what do you know? >> she's in her 30s. she's a young female targeter for the agency, a targeter is a job in what she is supposed to find weaknesses in terrorist networks, look for nodes, people that can be recruited by the cia or people that could be hit by drones. and she played, as you said, a huge role in the hunt for osama bin laden. and focused on the idea that he depended on a network of couriers to hand deliver his messages. she believed from very early on that that would be the trail that would ultimately lead to the al qaeda chief. >>
. john: you fly them to washington d.c. because? >> the world war ii memorial was not built until 2004. of the last of the memorial's. 65 years later by that time the veterans are in their 80s or 90s and did not have the means financially are physically to make it. john: very few have seen it. >> amazingly many veterans have not flown since world war ii. honor flight completely raise as the money and wanted to thousand veterans have had a chance to see their memorial. >> it is to say o a veteran thank you even after 70 years we know what you did and to give someone that gift is amazing. john: you hear about this and you make a movie posted a reason dot com? >> my business partner posted the video on veterans day 2009. it bought 35,000 views but more e-mails than ever before to people say i am crying. this reminds me of my father or grandfather and what it means to be an american. we had to make a bigger move the. the next thing we knew we quit our jobs, restarted a company to make the film and once you go on the flight you understand. we released the trailer we asked to get 50,000 by
. >> peter doocy joins us live from washington with the very latest as we see video of the president hopping on board air force one, right? >> that's right, clayton. president obama popped in to the james brady briefing room at the white house yesterday at about 5:30 and basically said that since the american people in november voted for democratic control of the white house and the senate and republican control of the house. lawmakers need to compromise but he also made clear as of right now when it comes to the fiscal cliff and avoiding it, there is no deal. >> so as we leave town for a few days to be with our families for the holidays, i hope it gives everybody some perspective. everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols. enjoy company of loved ones. and then i would ask every member of congress while they're back home to think about that. think about the obligations we have to the people who sent us here. think about the hardship that some americans will endure if congress does nothing at all. >> it was just a few minu
. people outside of washington understand clearly. a couple hundred billion over ten years separating both sides. the question becomes can washington still govern itself? two, there's a realization we're in the middle of a small recovery. if we find ourselves not able to resolve this moment, it retards and slows and undermines what we see ourselves doing going forward. finally, for the life of me as someone who sfrd there, it was so distressful to watch both sides yell at each other. i feel sorry for speaker boehner. i've seen sop of your colleagues who are a little unreasonable and i dare say some democrats who are unraeasonable. what does it take to make them come together if they can't come together at this moment as close as they are. >> durable goods is up, the housing market is beginning to come back. the market is poised. but the stock market is going to react. i can't previous district, don't have the knowledge, no one does, as to what exactly is going to happen but chuck is right. the white house should get over its upset with boehner and help bail him out. one question about john
. timothy depite gite saying we'll raise taxes 1.6 trillion and washington will increase taxes on capitol gains and we would like to say we like the power to raise the debt ceiling any time we want for the executive branch which is unconstitutional. >> steve: it is not 39 or 35 percent. all nonstarters in the world of negotiation. >> gretchen: two things to discuss. why is it tim geithner doing the discussions inted of the president of the united states. let me know if you have an answer for that. and the reason they are asking for this stuff. this is the way negotiations work when you win the presidency. you are walking around with your chest puffed up. this week, nothing will happen. until you cum come up right to the cliff. >> brian: this president is making a mockery of negotiations. he offered a initial trike with under 30 days until the cliff happens . sos the unserious attempt to get anything done. republicans ippedicated we will raise revenue. but the nuggets that are inside and his decision to go to pennsylvania and talk to a tinker toy and scrooge and coal in your pocket is an i
this morning in fort washington. police say the robbers demanded cash cash and jewelry and the home opener was taken to the hospital wi with a gunshot wouldn't wound t the the back and he's expected to be okay. okay. >> w >> weather and traffic for you ri right after this. [ male announcer ] there are plenty of reasons to be jolly at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $149 per month or get $500 holiday bonus cash. >>> good morning, damp and chi chilly around most of the region an and we're in the 40s to near 50 de degrees. pa patchy fog and areas west of i-95. mi mid day, gusts to around 30 mil miles an hour and highs reaching the the upper 50s and tomorrow, lots of of sunshine, wind and rain like likely on thursday afternoon and into the evening and then windy and c
. and this morning's donations are heading to family services in washington, d.c. and of course, we couldn't do it without you, our viewers, and companies. good morning, sharon. great to have you with us. what? six years now? >> six years we've been providing products for the toy drive. >> and stride right does such an amazing job to help us out. tell us what you're giving us in terms of donations. >> over $7 million to the "today" show foundation and over the past six years we've given over $12 million. so that's really, you know, across the globe to all children in need for new products which is something that's very important, as well. >> you've got the light-up shoes, which is really what all any kid wants or needs. in my experience. >> absolutely. and as we were talking about a little earlier, even adults want light-up shoes. these shoes are a lot of fun. they're "star wars" shoes that allows you to be the jedi. >> oh. >> good guy, bad guy. >> how you feel that day. you decide whether you're a good guy or bad guy. which i know not all little boys are always the good guy. >> or little girls
Search Results 0 to 28 of about 29 (some duplicates have been removed)